EduBourseActualitésLaunch of the CCBM2 project

Launch of the CCBM2 project

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

Today, the Governing Council of the European Central Bank (ECB) decided to launch the CCBM2 (Collateral Central Bank Management) project. It also assigned the development and operation of CCBM2 to the Nationale Bank van België/Banque Nationale de Belgique and De Nederlandsche Bank, with a view to commencing live operations earlier than, or at the latest together with, TARGET2-Securities, subject to the outcome of a further detailed analysis of the synergies with TARGET2-Securities.

Since the Governing Council of the ECB announced in March 2007 its decision to review the Eurosystem’s current collateral management handling procedures and develop a single platform, two market consultations have taken place:

An initial public consultation on CCBM2 was launched in April 2007 to seek the opinion of the market on the CCBM2 project and its guiding principles. The feedback received from market participants, which was generally very positive and supportive, was subsequently reflected in the first draft of the CCBM2 User Requirements.

In February 2008 a second public consultation was launched on this initial draft of the CCBM2 User Requirements. Again, valuable input was received and duly taken into account during the revision of the CCBM2 User Requirements.

The revised version of the CCBM2 User Requirements, as approved by the Governing Council of the ECB, is being published today and will form the basis for the elaboration of the detailed technical specifications for CCBM2.

The Eurosystem will maintain an open dialogue with market participants throughout the subsequent phases of the CCBM2 project.

European Central Bank
Directorate Communications
Press and Information Division
Kaiserstrasse 29, D-60311 Frankfurt am Main
Tel.: +49 69 1344 7455, Fax: +49 69 1344 7404
Internet: http://www.ecb.europa.eu

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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